Litecoin Shows Vital Signs of Life Amid Cryptocurrency Market Recovery

Bitcoin Watch Shop

It is evident Litecoin is making some big moves in China as we speak. Whereas most other cryptocurrency markets are still reeling after substantial losses, LTC is recovering. In fact, the silver to Bitcoin’s gold has gained 6.41% in value over the past 24 hours. It is evident things are starting to change in the world of cryptocurrency.

Whenever an altcoin goes up in value, there is always a reason to take a closer look. This is especially true when that altcoin is one of the most respected cryptocurrencies in the world. Litecoin has been a popular currency for quite some time now, yet never fully got the attention it deserves. Slowly but surely, that situation is changing in favor of LTC. Right now, the value of the currency is increasing, both in USD and BTC value.

Korea and China Keep Pushing Litecoin

As is to be expected, this drive is mainly fueled by Korean and Chinese exchanges. More specifically, the volume of those exchanges represents over half of the global LTC trading volume right now. Bithumb is, once again, leading the charge with US$76m in 24-hour trading volume.

Read more ... source: LiveBitcoinNews

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